Interest covenant waiver
GENERAL
Tue, Dec 12 2023 08:43 am
On 26 October AOF reported that it is at risk of breaching one of its financial year end banking covenants, relating to interest coverage ratio and that a formal waiver of the breach was to be sought from the bank.
The Bank has now advised that it waives its right to take further action in relation to this potential breach.
Announcement PDF
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